Frasers Property : Passive House at Life, Point Cook achieves certification

PRESS RELEASE

Passive House at Life, Point Cook achieves certification

Frasers Property delivers an Australian-first for a major developer

• Frasers Property is the first major developer to achieve Passive House Plus certification in Australia
• Energy efficiency of the certified Passive House to be benchmarked against a standard home design
• 12-monthtrial to understand the energy and sustainability benefits of a Passive House
• Available for purchase soon at Life, Point Cook

MELBOURNE, 25 NOVEMBER 2021

In a national first, Frasers Property Australia's Passive House project at Life, Point Cook, has officially achieved Passive House Plus certification, satisfying the stringent criteria of one of the world's most progressive sustainable building benchmarks.

Frasers Property is the first major developer in Australia to get behind the Passive House movement - a high performance and sustainable building standard which originated in Germany and is already well-established in Europe.

Passive House certified buildings are designed to achieve outstanding energy efficiency through features such as double (or triple)-glazed windows, continuous thermal insulation (as appropriate to the local climate) and airtight measures to reduce air leakage, better regulate temperature control in the house and drastically reduce heating and cooling costs, saving energy while improving air quality and comfort levels.

The purchaser of Frasers Property's Passive House at Life, Point Cook, will also benefit from 18 new solar panels kindly donated and installed by GI Energy, on top of the Passive House Classic requirements. The solar panel system will utilise the latest shingled cell technology, producing on average 24kWhs of energy per day across the seasons, reinforcing the high level of sustainability of the home.

This has resulted in the home meeting the Passive House Plus certification level, meaning it generates at least, if not more, energy through onsite rooftop solar PV than it consumes over the course of a year.

With the certification of this pilot project, Frasers Property becomes the first volume developer to explore Passive House design and construction techniques in standard Australian home design.

Sarah Bloom, General Manager Development VIC, Frasers Property Australia says there are currently about 40 individual Passive House certified buildings in Australia, but this pilot is a first for a large-scale developer.

"Now we've executed the application of Passive House design and construction techniques, we can look at influencing our systems and supply chains to provide a more energy efficient, sustainable standard to all our customers," says Ms Bloom.

"Some of the materials used in the construction are extremely specialised, like the double-glazed windows which had to be imported from Germany. Some of the design elements are intricately detailed, such as the thicker walls and the design interplay necessary to ensure they meet the floors and ceilings in a way for the house not to bleed heat in winter or lose its cool in summer.

"The key to making Passive House homes available more broadly will be to improve supply chains for such products and techniques. To be able to access the necessary products and expertise locally and cost- effectively, rather than having to source them from overseas, will drive demand and increase output.

"If we can create these specialised products and source this expertise locally in a cost-effective way, we can work toward making these technologies part of standard home design in Australia," says Ms Bloom.

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Construction of the four-bedroom Passive House-certified townhome at Life, Point Cook, has recently been completed and it will be available for purchase soon. Crucially, to ensure the objectives of the pilot project are achieved, the purchaser must agree to take part in a trial with Frasers Property which will capture energy performance data of the home over a 12-month period, to be measured and compared to a seemingly identical home side-by-side subject to the same environmental conditions.

It is hoped the energy efficiency comparisons will show a significant improvement, opening the door for broader industry engagement with the Passive House movement, and specifically the design and construction techniques that determine certification.

The Passive House at Life, Point Cook weas built by Creation Homes.

Greg Pollard, Senior Project Manager at Creation Homes, says the company is extremely proud to have successfully completed the construction of a Passive House.

"Going in to a new innovative build like this, we expected challenges in obtaining this certification. It has been one of our most rewarding builds given the additional time, effort and education that went in to achieving such stringent constraints around heat retention and air tightness," says Mr Pollard.

"It will be great to see the payback period of the home comparing it with the control home within the estate given the thermal efficiencies of the Passive Home."

Paul Wall, CEO of the Australian Passive House Association, applauds Frasers Property on becoming the first major developer to achieve Passive House certification in Australia.

"Consumers are becoming acutely aware of the positive effects on their health and wellbeing of a good indoor environment, and the foresight from Frasers Property further enhances their reputation as leading thinkers in the built environment," says Mr Wall.

"The Passive House process ensures that a quality, healthy, comfortable, highly energy efficient building is delivered, from initial modelling through to verification of the build process, authenticated by an internationally recognised, accredited, independent Passive House designer.

"This project represents world's best practice, delivered in an Australian context, using local climate data and construction techniques, expertly delivered by the Frasers Property team," Mr Wall says.

Passive House in summary:

• House specs (subject to change)
• • R4.0 insulation to 140mm stud walls of thermal envelope
  • R7.5 insulation to first floor ceiling
  • Windows and doors - Logikhaus LogikWin 85 series
  • Heat recovery and ventilation - Zehnder ComfoAir Q (located in the garage)
  • Heating / Cooling - Daikin Split system
  • Solar panels - 18 x 350w Hyundai SG Series panels
  • 11kWh storage capacity battery - BYD batteries (in partnership with GI Energy
• Location: Life, Point Cook, Victoria
• Designed by: Frasers Property Australia Design Team
• Built by: Creation Homes
• Passive House Consultant: Grun Consulting
• Construction dates: Site works early 2019, house mid 2019
• Residents move in date: Early 2022
• Assessment period: 12 months from move in date

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To find out more about Frasers Property Australia's Passive House project at Life, Point Cook visit www.frasersproperty.com.au/vic/point-cookor phone 13 38 38.

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About Frasers Property Australia

Since 1924, Frasers Property Australia has created stronger, smarter, happier neighbourhoods. We are one of Australia's leading diversified property groups and an Australian division of Frasers Property Limited.

We develop residential land, housing, and apartments and have delivered over 140,000 homes during our legacy; and develop build-to-rent, commercial, retail and mixed-use properties. Our activities also encompass the ownership and management of investment property, incorporating property and asset management services.

We work sustainably to ensure the places we create leave a positive environmental legacy and enhance the way people live life together. Frasers Property in Australia has certified over 5.6 million square metres of Green Star space across our communities, and our commitment to reduce carbon has been approved by the global Science-Based Targets initiative. We are also certified by the Australian Government's Climate Active initiative. Frasers Property Australia owns Real Utilities, a licensed Australian energy retailer that owns and manages energy infrastructure within some of our communities with the mission to be greener, cheaper and simpler.

We value diversity and firmly believe that together, we're better. We employ over 500 people nationally and are recognised as an Employer of Choice for Gender Equality by the Australian Government's Workplace Gender Equality Agency.

To find out more about Frasers Property Australia, visit frasersproperty.com.auor follow us on LinkedIn.

About Frasers Property Limited

Frasers Property Limited ("Frasers Property" and together with its subsidiaries, the "Frasers Property Group" or the "Group"), is a multi-nationaldeveloper-owner-operator of real estate products and services across the property value chain. Listed on the Main Board of the Singapore Exchange Securities Trading Limited ("SGX-ST") and headquartered in Singapore, the Group has total assets of approximately S$40.3 billion as at 30 September 2021.

Frasers Property's multi-national businesses operate across five asset classes, namely, residential, retail, commercial & business parks, industrial & logistics as well as hospitality. The Group has businesses in Southeast Asia, Australia, Europe and China, and its well-established hospitality business owns and/or operates serviced apartments and hotels in over 70 cities and 20 countries across Asia, Australia, Europe, the Middle East and Africa.

Frasers Property is also the sponsor of two real estate investment trusts ("REITs") and one stapled trust listed on the SGX-ST. Frasers Centrepoint Trust and Frasers Logistics & Commercial Trust are focused on retail, and industrial & commercial properties, respectively. Frasers Hospitality Trust (comprising Frasers Hospitality Real Estate Investment Trust and Frasers Hospitality Business Trust) is a stapled trust focused on hospitality properties. In addition, the Group has two REITs listed on the Stock Exchange of Thailand. Frasers Property (Thailand) Public Company Limited is the sponsor of Frasers Property Thailand Industrial Freehold & Leasehold REIT, which is focused on industrial & logistics properties in Thailand, and Golden Ventures Leasehold Real Estate Investment Trust, which is focused on commercial properties.

The Group is committed to inspiring experiences and creating places for good for its stakeholders. By acting progressively, producing and consuming responsibly, and focusing on its people, Frasers Property aspires to raise sustainability ideals across its value chain, and build a more resilient business. It is committed to be a net-zero carbon corporation by 2050. Building on its heritage as well as leveraging its knowledge and capabilities, the Group aims to create lasting shared value for its people, the businesses and communities it serves. Frasers Property believes in the diversity of its people and are invested in promoting a progressive, collaborative and respectful culture.

For more information on Frasers Property, please visit frasersproperty.comor follow us on LinkedIn.

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